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Property Description

A rare opportunity to take over a highly profitable, well-established Taekwondo school in the heart of Richmond Hill. ** Main instructor master will stay and teach**With many years in operation and a strong reputation in the community, this business has built a loyal, stable student membership base-with membership continuing to grow year after year. The school offers a range of established programs, including after-school care with pickup from local schools, regular Taekwondo instruction, and belt testing and examinations. Its broad appeal and recurring memberships create a strong foundation for continued success. Profitability is a major highlight: the business has consistently reported annual net profits of approximately $350,000-$400,000, offering an attractive opportunity for a new owner seeking an established operation with significant income potential. The spacious premises feature low rent and more than $200,000 in renovations, providing a turnkey setting for the next owner to step in and carry the business forward. The owner is retiring, creating an excellent opportunity for a young master, an ambitious entrepreneur, or business partners to acquire a respected school with established programs, a loyal student community, and strong reported earnings. Bring your vision and build on a successful business from day one. (id:5764)